Both Sides of the Table
OCTOBER 11, 2009
Many startup companies hire advisory boards. So do advisory boards really add value? In my experience most advisory boards under deliver relative to expectations. Ok, next advisory board meeting in 60-90 days. This is part of my ongoing series Startup Advice. It’s very tempting.
Steve Blank
SEPTEMBER 16, 2010
Advisory Board. At one of our initial board meetings we had agreed on the general principle of an advisory board and put together an overall stock budget to compensate advisors. Over the next week we exchanged emails over advisory board stock. He was having too much fun at Sun and turned me down.).
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SoCal CTO
MAY 13, 2014
You can’t afford and don’t want to hire a full-time CTO or architect. In some cases, Founders are building an Advisory Board with the purpose of padding their investor deck. I side more with Mark Suster who says : “advisory boards are an expensive equity proposition for merely introductions.”
Startup Professionals Musings
OCTOBER 16, 2022
Member of the Advisory Board. This is one of the key roles in a growing new company which can benefit from someone who clearly has experience dealing with people – whether it be hiring and firing, assisting in performance reviews, or dealing with the day-to-day crises of any growing business. Personnel Manager.
Steve Blank
OCTOBER 19, 2009
.&# I would discover that there was a more effective alternative in building a marketing department than hiring traditional marketers with MBA’s. I set up an advisory board as a vehicle to get these industry experts engaged with the company and product. These hires were definitely not your standard marketing types.
Startup Professionals Musings
JANUARY 18, 2020
Member of the Advisory Board. This is one of the key roles in a growing new company which can benefit from someone who clearly has experience dealing with people – whether it be hiring and firing, assisting in performance reviews, or dealing with the day-to-day crises of any growing business. Personnel Manager.
Steve Blank
OCTOBER 23, 2023
At first many start-ups hire a lobbying firm. I also work closely with all members of the executive team, the Board of Directors, and Advisory Board. Larger companies hiring a Chief of Staff often look for someone who has an MBA, experience with one of the big consulting firms, or experience doing the job already.
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